Tag: inequality

24,000 millionaires pocket half of capital gains tax break: Oxfam Australia

Nearly 50% of the capital gains tax discount went to just 24,000 people who earned over $1 million in 2022–23, according to a new Oxfam Australia report, as the anti-poverty organisation calls on the Australian government to better tax wealth and end unfair tax discounts. On average, each of these individuals gained a staggering $271,000 […]

Oxfam congratulates new parliament, calls for more action on climate, inequality, First People’s rights

Commenting on the 2022 federal election result, Oxfam Australia Chief Executive Lyn Morgain said:   “Oxfam congratulates all candidates elected to the Australian parliament, including our new Prime Minister, Anthony Albanese, and his Labor government.  “Australians have made clear their desire for a different kind of parliament to confront the challenges facing us. They want […]

Close the Gap report shows efforts to address systemic racism overdue: Oxfam

Commenting on the Close the Gap campaign’s 2022 report, Transforming Power: Voices for Generational Change, Oxfam Australia Chief Executive Lyn Morgain said:  “This report is a reminder to all of us that long-term funding commitments by governments and structural change that empowers Indigenous communities will be needed if Australia is to close the health gap […]

Shoppers asked to pressure popular fashion brands to step up

Major fashion brands in Australia, such as Just Jeans, Lorna Jane, Myer and Peter Alexander, must be open about how and where they manufacture their clothes to help lift the women who make them out of poverty, Oxfam has declared ahead of the Black Friday sales and Christmas. As Australians start their Christmas shopping in […]

Pfizer, BioNTech and Moderna making $1,000 profit every second while world’s poorest countries remain largely unvaccinated

Demand grows for firms to share vaccine recipes and technology as billionaire pharma bosses convene for ‘Big Pharma Davos’ New figures from the Peoples Vaccine Alliance reveal that the companies behind two of the most successful COVID vaccines – Pfizer, BioNTech and Moderna – are making combined profits of $65,000 every minute. The figures based […]

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